MINIMAX-WP Shares Surge Over 20% in Afternoon Trading on Index Inclusion Prospects

Stock News
05/22

MINIMAX-WP (00100) saw its shares surge more than 20% in afternoon trading. At the time of writing, the stock was up 13.2%, trading at HK$750.5 with a turnover of HK$2.186 billion. On the news front, on May 11, MiniMax announced the launch of its "10xTeam" collaboration program, emphasizing growth potential across various sectors. On May 13, the company officially upgraded its Agent platform, renaming it Mavis, and introduced the Agent Teams multi-agent collaboration feature. This update integrates subscription benefits and addresses limitations in handling complex tasks with single agents. Notably, Hang Seng Indexes Company will conduct its quarterly review this Friday. Analysts suggest that following a significant increase in market capitalization, MiniMax is seen as a strong contender for inclusion in the Hang Seng Tech Index and the Composite Index. Morgan Stanley previously released a research report stating that MiniMax is expected to pass the Hang Seng Tech Index review in June and be formally included in the index on June 8, 2026. Additionally, the bank anticipates MINIMAX-WP will enter the Stock Connect list in August.

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